Ola Electric share price falls over 2%: SoftBank sells 2.15% stake; check details

SoftBank has sold the stake through its investment vehicle SVF II Ostrich (DE) LLC, according to a regulatory filing.

SVF II OSTRICH (DE) LLC has disposed of an aggregate of 94,628,299 equity shares of Ola Electric Mobility Ltd in a series of disposals undertaken between September 3, 2025, and January 5, 2026, with the disposal on January 5, 2026, breaching the 2% threshold under SEBI regulations, the company said in a regulatory filing shared on BSE by the electric two-wheeler maker.

Post the transaction, the holding of SVF II OSTRICH (DE) LLC in Ola Electric has come down to 13.53% from 15.68% earlier, it added.

Last year also SVF II OSTRICH (DE) LLC had sold a total of 94,943,459 equity shares of Ola Electric Mobility in a series of disposals undertaken between July 15, 2025, and September 2, 2025, bringing down its stake to 15.68% from 17.83%.

Ola Electric: Recent updates

Recently, Ola Electric informed exchanges that its market share in December increased to 9.3% from 7.2% in November, as 9,020 units got registered in December as per VAHAN data.

In addition to this, the company’s market share in the second half of December 2025 (as per VAHAN data) further increased to nearly 12%, indicating a clear uptick in demand and market share gains, Ola Electric said.

"Driven by market share gains and a demand boost in the month of December 2025, Ola Electric reclaimed its position among the top three EV players in nearly a dozen states, including key EV markets such as Tamil Nadu, Uttar Pradesh, Bihar, Jharkhand, Punjab and Haryana," Ola Electric said in a press release.

The company initiated Hyperservice after it faced service bottlenecks amid rapid scale-up to strengthen its service backbone.

The programme is designed to directly address backlog resolution, workforce capacity, parts availability, and customer self-service – key levers to unlock demand momentum at scale.

The programme delivers significant improvement in service resolution speed, with 77% of service requests experiencing same-day completion in December 2025.

Ola Electric added that service improvements are beginning to translate into tangible commercial traction.